<ul><li>Workers' compensation insurance provides medical care and income replacement to employees injured or ill due to their job duties, covering lost wages, medical expenses, rehabilitation, and death benefits.</li><li>Businesses with employees are legally required to have workers' comp insurance, and failure to do so can result in hefty fines.</li><li>Work-related injuries or illnesses that cause employees to miss work, require medical treatment, or result in death are covered under workers' comp, including occupational diseases and work-related stress.</li><li>Proper management of workers' comp claims, including prompt reporting, review, communication, and working with insurance providers, ensures workers receive benefits while controlling costs.</li></ul>

Workers’ Compensation: What Every Entrepreneur Needs to Know

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